Patton Albertson Miller Group LLC Grows Stock Position in Procter & Gamble Company (The) $PG

Patton Albertson Miller Group LLC lifted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 23.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,669 shares of the company’s stock after purchasing an additional 5,132 shares during the period. Patton Albertson Miller Group LLC’s holdings in Procter & Gamble were worth $4,098,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in PG. Norges Bank bought a new stake in shares of Procter & Gamble during the 2nd quarter valued at $5,099,644,000. Laurel Wealth Advisors LLC lifted its position in Procter & Gamble by 15,971.7% during the second quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after purchasing an additional 6,969,110 shares in the last quarter. Vanguard Group Inc. grew its holdings in Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after purchasing an additional 3,189,111 shares during the period. Invesco Ltd. increased its position in Procter & Gamble by 21.4% in the second quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after buying an additional 2,880,895 shares in the last quarter. Finally, Lazard Asset Management LLC raised its stake in shares of Procter & Gamble by 66.3% in the second quarter. Lazard Asset Management LLC now owns 5,504,749 shares of the company’s stock worth $877,014,000 after buying an additional 2,195,560 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Raymond James Financial lowered their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Bank of America reduced their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. UBS Group lifted their target price on shares of Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a report on Monday, October 27th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $167.00.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $149.79 on Friday. The firm has a market cap of $348.12 billion, a PE ratio of 22.19, a PEG ratio of 4.89 and a beta of 0.39. The stock has a 50 day moving average of $144.87 and a 200 day moving average of $150.34. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same period in the prior year, the firm earned $1.88 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s dividend payout ratio is currently 62.67%.

Insider Activity at Procter & Gamble

In related news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the transaction, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.